The Swiss on the referendum on monthly basic income

Experts estimate that the monthly minimum required for basic expenses in rich Switzerland is 2.500 francs (about 2.200 euros).
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Swiss franc, Photo: Shutterstock
Swiss franc, Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.
Ažurirano: 05.06.2016. 06:57h

The Swiss will decide today in a referendum whether every resident should receive a monthly basic income from the government, although its amount has not been specified.

Experts, however, estimate that the monthly minimum required for basic expenses in rich Switzerland is 2.500 francs (about 2.200 euros), reports AP.

According to this proposal, each child would receive one quarter of the stipulated amount, while those who earn monthly would no longer receive anything.

Critics of such a proposal state, however, that it would lead to an explosion of the state budget.

The Swiss government has also advised citizens to reject the proposal, and polls show that it will not be accepted in a country known for its free market policy, high technology and capitalist financial sector, reports AP.

However, surveys have shown that only about one quarter of Swiss people support this idea.

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